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Greetings,
You are receiving this newsletter with hopes that you find it informative and entertaining. If you are thinking of making a move, or just curious about the real estate trend in your area, please feel free to contact us any time. It is our pleasure to help you. Best regards,
Lyle Longridge ...........................
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Bank of Canada cuts interest rate by 1/4 point .
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The Bank of Canada cut its key interest rate by a quarter-percentage-point on Wednesday and warned of an impending economic downturn as the trade war with the United States rattles consumer and business confidence.
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Real Estate Market Holds Steady Amid Changing Conditions
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Home buyers continued to benefit from substantial choice in the resale market in February 2025. Home sales last month were down in comparison to the same period last year, while listing inventory remained high, providing substantial negotiating power for homebuyers.
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Tax Deductions and Credits for Homeowners
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Many taxpayers overpay their taxes simply because they fail to claim some of the common deductions and credits they are entitled to. As a homeowner, there are several home tax deductions and credits that you can claim.
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Types of Home Ownership
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The laws covering property ownership may differ from province to province in Canada. In general (aside from sole ownership) there are five basic ways for two or more individuals to own real estate.
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The Benefit of On-Demand Tankless Water Heater?
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Hot water usage in Canadian households consumes between 15 and 30% of a home’s energy demand. Surprisingly, the technology used to heat water is traditional and highly inefficient when compared to the tankless or on-demand technologies now used regularly in Europe and Asia.
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Lyle Longridge
Managing Broker/Realtor
The Partners Real Estate
lyle@lylelongridge.com
Cell : 604-812-4076
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This 14,554sq.ft. 1/3rd of an acre lot in Surrey offers attractive Fraser River, mountain & city views with exciting redevelopment potential under Bill 44.Whether you plan to ReZone and envision a multi-unit development,a luxury estate,or a profitable rental project,this property is in a prime location near parks,schools,transit & future development projects.Buyer to confirm with the City of Surrey for multi-unit possibilities. the home is a charming Pan-Abode Style log house with vaulted cedar ceilings,hardwood floors & a cozy gas fireplace,PLUS a spacious finished basement for extra living space.It also has potential to be dismantled,moved & reassembled,adding unique value.Live in,rent out,or redevelop-don't miss this rare opportunity in Surreys rapidly evolving housing market.
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Know what I want?More great clients like you! Your referrals are always appreciated.
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Lyle Longridge
Managing Broker/ Realtor
Longridge Real Estate @ The Partners Real Estate Vancouver
2430 Marine Drive
West Vancouver, BC, V7V 1L1
Email us: lyle@lylelongridge.com
Call us : 604-812-4076
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